AMTD IDEA Group Announces a New Share Repurchase Program
AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (AMTD)
Last amtd idea group american depositary shares, each representing six (6) class a ordinary shares earnings: 4/22 04:01 pm
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Source: Business Wire
PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$20 million of its American depositary shares or ordinary shares until the end of the last business day of the first quarter in 2024, U.S. Eastern Time. The Company plans to adopt and implement this share repurchase program in accordance with applicable rules and requirements under the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policies.The Company’s proposed repurchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The timing and dollar amount of repurchase transactions will be subj
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